{"id":243684,"date":"2026-06-01T12:59:56","date_gmt":"2026-06-01T16:59:56","guid":{"rendered":"https:\/\/ibkrcampus.com\/campus\/?p=243684"},"modified":"2026-06-01T15:05:18","modified_gmt":"2026-06-01T19:05:18","slug":"pain-at-the-pump-to-recede-for-third-consecutive-week","status":"publish","type":"post","link":"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/forecast-trader\/pain-at-the-pump-to-recede-for-third-consecutive-week\/","title":{"rendered":"Pain at the Pump to Recede for Third-Consecutive Week: June 1, 2026"},"content":{"rendered":"\n<p>Pain at the pump is expected to recede for the third-consecutive week in tomorrow\u2019s publication. The preceding readings of $4.50, $4.49 and $4.48 per gallon are projected to have fallen materially according to the Interactive Brokers prediction market, which places the most likely result at $4.32. Indeed, the <a href=\"https:\/\/www.interactivebrokers.com\/predictionmarkets\/app\/#\/751047548\/product-details\/contracts?exchange=FORECASTX&amp;conid_yes=882352590\">\u201cYes\u201d<\/a> at $4.30 and the \u201cNo\u201d at $4.35 are priced at $0.78 and $0.88, indicating an elevated probability of a number landing between those two. The decline is anticipated on the back of slipping crude oil prices in light of positive headlines last week related to US-Iran peace negotiations. The drop may be short lived, however, as tensions began to flare up this Monday, June 1, with Tehran vowing to block traffic along the critical Strait of Hormuz due to disagreements about ceasefire relations pertaining to Israeli aggressions in Lebanon and Gaza.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1100\" height=\"689\" data-src=\"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2026\/06\/image-1-1100x689.png\" alt=\"\" class=\"wp-image-243686 lazyload\" data-srcset=\"https:\/\/ibkrcampus.com\/campus\/wp-content\/uploads\/sites\/2\/2026\/06\/image-1-1100x689.png 1100w, https:\/\/ibkrcampus.com\/campus\/wp-content\/uploads\/sites\/2\/2026\/06\/image-1-700x439.png 700w, https:\/\/ibkrcampus.com\/campus\/wp-content\/uploads\/sites\/2\/2026\/06\/image-1-300x188.png 300w, https:\/\/ibkrcampus.com\/campus\/wp-content\/uploads\/sites\/2\/2026\/06\/image-1-768x481.png 768w, https:\/\/ibkrcampus.com\/campus\/wp-content\/uploads\/sites\/2\/2026\/06\/image-1.png 1157w\" data-sizes=\"(max-width: 1100px) 100vw, 1100px\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 1100px; aspect-ratio: 1100\/689;\" \/><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-job-openings-expected-steady\"><strong>Job Openings Expected Steady<\/strong><\/h3>\n\n\n\n<p>April job openings are expected to have remained steady, as the Interactive Brokers prediction market anticipates a number around 6.85 million, which would be near the 6.866 million printed in March. Similarly, the monthly Reuters poll of 27 forecasters is anticipating a result of 6.88 million against the backdrop of minimum and maximum projections of 6.7 million and 7.05 million. The wide range of potential outcomes is due to the indicator\u2019s elevated deviation rate, as results have historically varied significantly from consensus estimates. Meanwhile, the <a href=\"https:\/\/www.interactivebrokers.com\/predictionmarkets\/app\/#\/751047558\/product-details\/contracts?exchange=FORECASTX&amp;conid_yes=863270138\" target=\"_blank\" rel=\"noreferrer noopener\">\u201cYeses\u201d<\/a> at 6.6 million, 6.8 million, 7 million and 7.2 million are going for $0.79, $0.62, $0.29 and $0.17.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1100\" height=\"701\" data-src=\"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2026\/06\/image-1100x701.png\" alt=\"\" class=\"wp-image-243685 lazyload\" data-srcset=\"https:\/\/ibkrcampus.com\/campus\/wp-content\/uploads\/sites\/2\/2026\/06\/image-1100x701.png 1100w, https:\/\/ibkrcampus.com\/campus\/wp-content\/uploads\/sites\/2\/2026\/06\/image-700x446.png 700w, https:\/\/ibkrcampus.com\/campus\/wp-content\/uploads\/sites\/2\/2026\/06\/image-300x191.png 300w, https:\/\/ibkrcampus.com\/campus\/wp-content\/uploads\/sites\/2\/2026\/06\/image-768x490.png 768w, https:\/\/ibkrcampus.com\/campus\/wp-content\/uploads\/sites\/2\/2026\/06\/image.png 1156w\" data-sizes=\"(max-width: 1100px) 100vw, 1100px\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 1100px; aspect-ratio: 1100\/701;\" \/><\/figure>\n\n\n\n<p><em>Source for images: ForecastEx<\/em><\/p>\n\n\n\n<p><em>Note: Prices are highest bids as of the morning of <a>June 1, 2026.<\/a><\/em>&nbsp;<\/p>\n\n\n\n<p><em>To learn more about ForecastEx, view our Traders\u2019 Academy video&nbsp;<\/em><a href=\"https:\/\/www.youtube.com\/watch?v=ceR-weGZSXc\" target=\"_blank\" rel=\"noreferrer noopener\"><em><strong>here<\/strong><\/em><\/a><\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Pain at the pump is expected to recede for the third-consecutive week in tomorrow\u2019s publication.<\/p>\n","protected":false},"author":903,"featured_media":181558,"comment_status":"open","ping_status":"closed","sticky":true,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[18929,18,6,8,9,26,3],"tags":[14214,2094],"contributors-categories":[13760],"class_list":{"0":"post-243684","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-forecast-trader","8":"category-macro","9":"category-north-america","10":"category-region","11":"category-securities","12":"category-text-articles","13":"category-traders-insight","14":"tag-gas-fees","15":"tag-jolts","16":"contributors-categories-ibkr-macroeconomics"},"pp_statuses_selecting_workflow":false,"pp_workflow_action":"current","pp_status_selection":"publish","acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.9 (Yoast SEO v27.7) - 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